Responsible Energy Development Capitalizing on the Benefits of shale gas and tight oil development in Atlantic Canada Core Energy Conference October 8, 2014 Bob Bleaney VP, External Affairs
Canadian Association of Petroleum Producers (CAPP) ? Represents large and small producers who explore for, develop and produce natural gas, natural gas liquids, crude oil and oil sands throughout Canada ? Produce about 90 per cent…
The Global Energy Spotlight on Canada World-Class Capability Public Confidence ? Performance ? Communication World-Class Resource Competitiveness ? Market Diversification ? Workforce 3
Global Primary Energy Demand Source: International Energy Agency ? New Policies Scenario World Energy Outlook 2011 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000 20,000 1990 2011 2020 2025 2030 2035 million…
Then ? 60-year supply and falling ? Shale known but uneconomic to develop ? Underground gas storage primarily traditional reservoir, operationally not very flexible ? Pipeline capacity growing incrementally ? Rising prices with…
The Shale Gas Opportunity in Atlantic Canada ? Significant resource potential ? Industry has a proven track record of responsible oil and gas development in Canada (including shale) ? 175,000 wells hydraulically fractured safely ?…
Natural Gas and GHGs ? Natural gas is the cleanest-burning hydrocarbon ? Can be used in a variety of ways to help reduce GHG emissions, including in the transportation and electricity generation sectors ? Burns 50% cleaner than…
Source: DNR NB Natural Gas Opportunities in Nova Scotia Source: NS Power 8 NS Electricity Generation ? 21% of Nova Scotia?s by Energy Source - 2012 electrical generation comes from Natural Gas ? Onshore natural gas could provide…
Challenges for Shale Gas Development ? Onshore natural gas development relatively new in Atlantic Canada: ? Industry presence is new ? Using established technologies ? Broader public unfamiliar with companies, process and…
Concerns have been heard: ? Water ? Source, use, treatment, disposal ? Fracture fluid additives ? Reporting transparency, type, amount, treatment ? Environment ? Land, emissions, noise ? Health & Quality of Life ? Public health,…
? CAPP supports the approaches taken by governments in Atlantic Canada to conduct reviews of hydraulic fracturing technology (NB, NS and NL) ? Participated actively in the NB and NS reviews and will do the same in NL ? Review in NB…
Building Understanding and Trust ?Performance: ? Continuous environmental & social performance improvement (across the value chain)?..including monitoring, timely & transparent reporting ? Clear line of sight to economic and social…
Communicating Our Approach Guiding Principles for Hydraulic Fracturing 1 2 3 4 5 Safeguard the quality and quantity of regional surface and groundwater resources, through sound wellbore construction practices, sourcing fresh water…
CAPP Hydraulic Fracturing Operating Practices
Communication Outreach: Processes, Practices & Responsibility 15
16 The Way Forward: Opportunity, Collaboration & Responsible Development ? Seizing the Opportunity ? Developing a competitive and reliable supply to meet market demands ? Capture economic benefits and opportunities ? Market growth…
For More information CAPP.ca Follow CAPP on Twitter: @OilGasCanada Like CAPP on Facebook: facebook.com/OilGasCanada Become one of Canada?s Energy Citizens www.energycitizens.ca
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